V

Valon

Builds AI software for mortgage servicers

Engineering Manager

Full-TimeUpdated on 10/15/2026
$241.5k - $284k/yr+ Equity
Mid, Senior
San Francisco, CA, USA+1 moreMore locations: New York, NY, USA
HybridHybrid arrangements are offered in New York and San Francisco; fully remote work is also supported.
Engineering ManagementEngineering Leadership

About the job

Requirements
  • At least 4 years of software engineering experience.
  • Tech lead or engineering management experience is preferred.
  • A demonstrated track record of building and empowering long-lasting teams.
  • Experience working in a highly complex and technical environment.
  • Experience working in a fast-paced and ambiguous startup environment.
  • Written and verbal communication skills.
  • Judgment, problem-solving, and decision-making ability.
Responsibilities
  • Ensure the successful business outcomes of the team.
  • Partner with product managers, designers, and operations to develop and execute the R&D strategy to solve business problems that directly impact homeowners.
  • Build and develop a talented team of driven, high-performing engineers.
  • Provide technical leadership, guidance, and mentorship, with some coding and architecture design.
  • Define and promote processes to make the team more effective and deliver greater impact.
  • Drive continuous improvement and innovation using data-driven decisions.
  • Partner with other engineering leaders to build a cohesive engineering culture and direction for Valon.
Desired Qualifications
  • Tech lead or engineering management experience.

About the company

Valon builds ValonOS, software that runs mortgage servicing, the behind-the-scenes work of collecting home loan payments and handling missed ones, with AI agents built into a single system. Unusually for a software maker, it built ValonOS by running its own licensed mortgage servicer, then sold that business to Carrington Mortgage Services in 2026. The system keeps each loan's records, payments, tasks, and audit trail in one place, and its AI agents answer homeowner emails, apply payments, and review escrow accounts for taxes and insurance under the same controls. Servicers pay Valon recurring fees to run their loans on it. Valon was founded in 2019 and is based in New York City.

Company Size

201-500

Company Stage

Series D

Total Funding

$498.8M

Headquarters

New York City, New York

Founded

2019

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Simplify's Take

What believers are saying

  • Equity is gaining value: Valon's October 2026 funding round valued it at $2.3 billion, double its previous price.
  • Demand came fast: six months of outside sales brought over $200 million in yearly contracts, Valon reported in October 2026.
  • Small team, big scope: about 320 employees build the software contracted to run one in six US mortgages.

What critics are saying

  • The incumbent still wins banks: in September 2026, Wells Fargo committed all its home loans to rival ICE's servicing system.
  • Big wins go live slowly: servicer Newrez signed in February 2026, but its 4 million loans start moving in 2027.
  • Expect messy, cross-team work: Valon's careers page calls it "a hard place" and warns off anyone wanting a ready-made playbook.

What makes Valon unique

  • A key customer is also an owner: Rithm Capital, parent of servicer Newrez, has backed Valon since its founding.
  • It proved its software on its own loans: Valon says its servicer ran 60%-plus operating margins, versus near zero industry-wide.
  • AI access is earned: since July 2026, most non-engineer hires start without AI until managers trust them to catch errors.

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Benefits

  • Medical, dental, & vision insurance plans
  • flexible sick days
  • Equity
  • Company holidays
  • Generous vacation policy
  • Laptop, custom accessories, & ergonomic equipment
  • Paid parental leave

Growth & Insights and Company News

Headcount

6 month growth

11%

1 year growth

8%

2 year growth

9%
The Pilot News
Oct 5th, 2026
Valon raises $150M Series D at $2.3B valuation to deploy AI mortgage platform to 1 in 6 US homes

Valon Technologies has raised $150 million in Series D funding at a $2.3 billion valuation, doubling its previous valuation. Ribbit Capital joined as a new investor, with participation from existing backers including Andreessen Horowitz. The company has developed ValonOS, an AI-native operating system for mortgage servicing that replaces legacy mainframe systems. Within six months of launching, Valon secured over $200 million in contracted annual recurring revenue. ValonOS will power one in six outstanding US mortgages, with clients including Newrez, Carrington Mortgage Services, and ServiceMac. Two of the ten largest US servicers are already live on the platform. Founded in 2019, Valon initially built and operated its own full-scale servicing business before offering ValonOS to the industry. The funding will accelerate product development and expand deployment to major servicers. The company plans to expand beyond mortgage into commercial, personal, auto, and student lending sectors.

FinSMEs
Jun 15th, 2026
Copperlane raises $4.1M to develop AI mortgage loan officer 'Penny

Copperlane, a New York City-based developer of an AI-native autonomous mortgage origination platform, has raised $4.1 million in seed funding led by TQ Ventures. Y Combinator, US News Digital Ventures, Mercor and Valon Mortgage also participated. Founded by Athan Zhang and Brianna Lin, Copperlane develops "Penny", an autonomous AI mortgage loan officer that processes borrower assets, credit files and income patterns to generate instant underwriting recommendations and draft compliance explanations. The Y Combinator Winter 2026 company launched its automated processing engine in June 2026. The funds will be used to scale operations, expand the AI loan officer's capabilities and accelerate development of software that shortens pre-approval timelines.

HousingWire
May 7th, 2026
Carrington to acquire Valon Mortgage, add 800,00 loans to servicing book

Carrington will adopt ValonOS and acquire Valon Mortgage, adding about 800,000 loans as both target Ginnie Mae servicing modernization.

Benzinga
May 7th, 2026
Carrington selects ValonOS as core platform and acquires Valon Mortgage's 800,000 loans

Carrington Mortgage Services, a leading Ginnie Mae servicer, has formed a strategic partnership with Valon Technologies to adopt ValonOS as its core servicing platform. As part of the agreement, Carrington will acquire Valon Mortgage in collaboration with a private equity partner, adding approximately 800,000 loans to its portfolio. ValonOS is an AI-native operating system designed to consolidate workflows, loan data and compliance logic for mortgage servicing. The partnership combines Carrington's government lending expertise with Valon's modern technology platform to enhance efficiency in Ginnie Mae servicing. For Valon, which has raised over $290 million from investors including Andreessen Horowitz, the transaction allows the company to shift focus from operating as a mortgage servicer to becoming a technology provider for the broader mortgage industry.

National Mortgage Professional
Feb 2nd, 2026
Rithm Expands Valon Partnership To Modernize Newrez Mortgage Servicing

Rithm Capital Corporation has announced an expansion of its long-standing partnership with Valon Technologies, further integrating Valon’s AI-native mortgage servicing platform into operations at Newrez, a Rithm subsidiary. The expanded collaboration is aimed at modernizing mortgage servicing systems and enhancing customer experience for more than four million homeowners.